307 N Line St Chesaning, MI 48616
Chesaning Investment Opportunity offering a strong, profitable rental history! This well maintained 2002 sq ft, 2 unit duplex is within easy walking distance to downtown Chesaning. Both units have a separate drive for parking, The unit at 502 Brady has 2 upstairs bedrooms, one bath, Living room, a kitchen with ample cabinets, and laundry room. The unit at 307 N Line has 2 bedrooms, a large kitchen / appliances, a nice sized living room. and a full bathroom. Both units have some newer flooring, the Line St unit has some hardwood floors under the newer flooring. Approximate 10 years updates include, 502 brady has all newer windows, 307 line has mostly newer windows, roof in 2016 & 2023. The large side yard is shared by all tenants. Basement under each unit, tenants pay all utilities, maintain lawn and snow removal. Each unit is separately metered for utilities. bikeScore: 54, Bikeable walkScore: 47, Car-Dependent
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.